CBRE, as the exclusive listing agent is pleased to present to the market, 224 Rainbow Street, Coogee. A rare opportunity to secure a premium investment in Sydney's exclusive Eastern Suburbs.
224 Rainbow Street, Coogee benefits from the following key attributes:
- 6 x 2-bedroom residential units, each benefitting from secure lockup garages
- Significant 453sqm* land offering and 557sqm* internal area with flexible R3 Medium Density Residential zoning
- FSR 0.9 : 1 & Height limit of 12m
- Premium investment opportunity in Sydney's exclusive Eastern Suburbs and the ability to capitalise on the Eastern Suburbs's lucrative residential market with a vacancy rate of 1.6%*
- Opportunity to add value, refurbish, revert to market rent, strata title and sell down or hold as a secure investment.
- Ideally positioned within proximity of iconic venues, including Coogee Bay Hotel, Coogee Pavilion, Crown Plaza Coogee and Coogee Beach
- Offering expansive views with a large influx of natural light and cross-ventilation
224 Rainbow Street, Coogee will be offered for sale via an Expression of Interest campaign, closing Thursday, February 29th 2024 at 4:00pm (AEDT)
For more information, to arrange an inspection or to request access to the due diligence room, please contact the exclusive selling agents.